NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,136,000

-- Bed
-- Bath
2,295 Sq Ft
$433/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $950,000 $414 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,277/month

148 Days on Market

Highlights

  • Newly Remodeled
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • McNab Elementary School Rated A-

About This Home

As of February 2024

Attention, Savvy Investors! Exceptional Duplex Opportunity just minutes from the beach to enhance your Investment Portfolio. This recently renovated and elegantly furnished duplex, complete with a refreshing pool, is currently operating as a successful vacation rental property. Each side of the property boasts 3 bedrooms, 2 baths, modern appliances, and hurricane-resistant windows and doors. This fully furnished gem is turnkey and primed for action. Consider living in one side while renting out the other to mitigate expenses or seamlessly continue the budding Airbnb operation. With a projected cap rate between 9-14% (see attached pro forma valuation), this is a golden opportunity you won't want to miss. Entire permitted renovation from the ground up completed in 2016.

Last Agent to Sell the Property

Tom Carroll

The Keyes Company Brokerage Phone: (954) 734-3399 License #3335693 Listed on: 09/14/2023

Last Buyer's Agent

Sharrie Miller

LoKation License #3197276

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,125

Year Built

  • Built in 1967 | Newly Remodeled

Lot Details

  • 8,451

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,295 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Pinehurst 5 13 B Subdivision

Listing and Financial Details

  • Rent includes electricity, gardener, pool, sewer, trash collection, cable TV, water
  • Assessor Parcel Number 484236012981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,125

Year Built

Built in 1967 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 95 to E Atlantic Blvd - Right onto SE 17th Ave - Left on 2nd Street - Duplex on right corner
  • Year Built: 1967
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2295.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Gardener, Pool, Sewer, Trash Collection, Cable TV, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 484236012981
  • Zoning Description: RD-1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9125.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Feb 23, 2024
Sold by
Marinello Frank
Bought by
Choleski Bojan and Choleski Angela Lazarevska
Seller's Agent
Tom Carroll
The Keyes Company
Buyer's Agent
Sharrie Miller
LoKation
List Price
$1,075,000
Sold Price
$950,000
Premium/Discount to List
-$125,000
-11.63%
Views
92
Current Estimated Value
$998,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,883
Avg. Annual Appreciation
3.99%
Original Mortgage
$760,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2022
Sold by
Flatlands Real Estate Llc
Bought by
Marinello Frank

Purchase Details

Closed on
Aug 1, 2022
Sold by
Frank Marinello
Bought by
Flatlands Real Estate Llc

Purchase Details

Listed on
Jan 19, 2020
Closed on
Mar 18, 2020
Sold by
R & R Petreccia Llc
Bought by
Marinello Frank
Seller's Agent
Kimberly Schwartz
One World Properties
Buyer's Agent
Tom Carroll
The Keyes Company
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Cure Espinosa Llc
Bought by
R & Petreccia Llc

Purchase Details

Closed on
Nov 19, 2014
Sold by
Kiss Thomas
Bought by
Cure Espinosa Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Kiss Hilda
Bought by
Kiss Thomas J

Purchase Details

Closed on
Jun 9, 2010
Sold by
Gunter Paul R
Bought by
Kiss Hilda

Purchase Details

Closed on
Jul 24, 2007
Sold by
Gunter Paul
Bought by
Home Town Properties

Purchase Details

Closed on
Aug 7, 2006
Sold by
Taha Nader and Taha Khalil
Bought by
Gunter Paul Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2004
Sold by
Taha Khalil and Taha Leomary
Bought by
Taha Khalil and Taha Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2004
Sold by
Vassallo Albert
Bought by
Taha Khalil and Taha Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2003
Sold by
Vest William E and Vest Bobbie S
Bought by
Vassallo Albert
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Choleski Bojan $950,000 All Country Title
Marinello Frank -- --
Flatlands Real Estate Llc -- None Listed On Document
Marinello Frank $675,000 Sunbelt Title Agency
R & Petreccia Llc $341,600 Attorney
Cure Espinosa Llc $340,000 Town & Country Title Guarant
Kiss Thomas J -- None Available
Kiss Hilda -- Patch Reef Title Company Inc
Kiss Hilda $150,000 Patch Reef Title Company Inc
Home Town Properties -- Attorney
Gunter Paul Robert $475,000 Indigon Title
Taha Khalil -- Atlantic Coast Title & Closi
Taha Khalil $360,000 Atlantic Coast Title & Closi
Vassallo Albert $280,000 New River Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choleski Bojan $660,000
Closed Choleski Bojan $760,000
Previous Owner Kiss Thomas J $168,000
Previous Owner Gunter Paul Robert $250,000
Previous Owner Taha Khalil $337,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $950,000 -11.6% $414 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $1,075,000 0.0% $468 / Sq Ft
01/24/2024 01/24/24 For Sale $1,075,000 +13.2% $468 / Sq Ft
12/07/2023 12/07/23 Off Market $950,000 -- --
12/06/2023 12/06/23 Price Changed $1,025,000 -5.9% $447 / Sq Ft
11/14/2023 11/14/23 Price Changed $1,089,000 -0.9% $475 / Sq Ft
09/14/2023 09/14/23 For Sale $1,099,000 +62.8% $479 / Sq Ft
03/23/2020 03/23/20 Sold $675,000 -2.0% $306 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $689,000 0.0% $312 / Sq Ft
01/02/2012 01/02/12 Rented $1,500 -6.3% --
12/03/2011 12/03/11 Under Contract -- -- --
10/31/2011 10/31/11 For Rent $1,600 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,692 $839,080 $59,180 $779,900
2024 $9,808 $440,460 $59,180 $381,280
2023 $9,808 $439,020 $59,180 $379,840
2022 $9,125 $418,950 $59,180 $359,770
2021 $12,985 $607,270 $59,180 $548,090
2020 $6,775 $321,450 $59,180 $262,270
2019 $6,160 $279,390 $59,180 $220,210
2018 $6,438 $302,330 $59,180 $243,150
2017 $5,376 $254,300 $0 $0
2016 $4,537 $206,340 $0 $0
2015 $4,186 $187,590 $0 $0
2014 $3,726 $161,330 $0 $0
2013 -- $151,190 $59,180 $92,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10395485

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-36-01-2981